- ME Bank

1. Enter your principal & interest rate

For example

%

If you're not sure of the rate you're currently being charged you should check with your lender. Your most recent home loan statement will tell you the applicable rate on the date of that statement.

or

The Big 4 Banks' interest rates used in this calculation were sourced from Canstar on 14-Sep-2026. The calculator should only be used as a guide - any results shown can't be treated as a quote.

2. Adjust your current loan details

Loan amount

$

Term remaining

Payments

$

Frequency

Type (principal & interest)

3. Compare

Product

You should remember that different products offer different features and benefits and in some cases you may be comparing apples to bananas. Even though it's all fruit you should keep this in mind when considering your loan, and get the fruit that matches your needs.

ME's rate p.a. | Comparison rate³p.a.

Variable 3.89% | 4.30%

Maximum 80% LVR

For information and rates applicable to home loans with LVR above 80% you should compare our products here.

See your savings

You could
save.

Reduce your interest and repayments by around^(a):

$92per month

Putting this amount back into your loan could save you^(b):

$21,799

That's equivalent to^(c):

7 monthstime saved in paying off your loan

How does this calculator work?

Get in touch Try with new numbers

Things you
should know:

The calculator results are not a quote or offer. They are a guide only limited to helping you estimate the interest you could save by refinancing your principal & interest loan with ME. You should consider your personal situation and be aware that the calculator doesn’t take into account: (i) the value to you of different features or benefits such as offset accounts and free credit cards (ii) rate discounts that might be available or future changes in rates or (iii) all fees and charges that might apply to the refinance or on an ongoing basis. Note that the quoted savings will vary depending on the variables you select to input.

Refinance calculator.

1. Enter your principal & interest rate

2. Adjust your current loan details

3. Compare

You could
save.

Well done you

Seems like you're already on a great rate
that we can't beat. High five!

Things you
should know:

Refinance calculator.

1. Enter your principal & interest rate

2. Adjust your current loan details

3. Compare

You could save.

Well done you

Seems like you're already on a great rate that we can't beat. High five!

Things you should know:

You could
save.

Seems like you're already on a great rate
that we can't beat. High five!

Things you
should know: